(Mercantile) Mercantile complete technical analysis [charts+indicators] | Buy/Sell Mercantile | (Mercantile) share price targets
Complete technical analysis of Mercantile (Mercantile) by charts plus indicators, forecast predictions and share price targets for Mercantile (Mercantile)
Showing technical analysis as on 2025-02-27 View latest technical analysis
10 day averaged volume of Mercantile is 5590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 21.37 | 21.48 | 21.48 | 20.45 | 3.444 times |
| 24 Mon Feb 2025 | 21.48 | 22.64 | 22.64 | 20.03 | 0.657 times |
| 21 Fri Feb 2025 | 21.80 | 21.99 | 21.99 | 20.58 | 0.12 times |
| 20 Thu Feb 2025 | 21.72 | 22.00 | 22.00 | 21.01 | 0.603 times |
| 19 Wed Feb 2025 | 21.53 | 20.14 | 21.89 | 19.72 | 0.097 times |
| 18 Tue Feb 2025 | 20.14 | 21.20 | 21.20 | 19.51 | 1.06 times |
| 17 Mon Feb 2025 | 20.23 | 22.00 | 22.00 | 20.00 | 0.826 times |
| 14 Fri Feb 2025 | 22.00 | 22.85 | 22.85 | 21.36 | 0.021 times |
| 13 Thu Feb 2025 | 22.19 | 21.30 | 22.51 | 21.30 | 2.807 times |
| 12 Wed Feb 2025 | 21.28 | 21.81 | 22.30 | 21.05 | 3.142 times |
Stock of Mercantile (Mercantile) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.2 as stoploss in an intra day buy trade for a target of 21.96. However, stock will show a bearish move below 21.2.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.51 |
| Downside Target | 20.03 |
| Downside Target | 20.70 |
| Upside Target | 22.00 |
| Upside Target | 23.10 |
| Upside Target | 23.30 |
| Upside Target | 23.40 |
| Upside Target | 24.70 |
| Upside Target | 24.98 |
| Upside Target | 26.92 |
| Upside Target | 27.39 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 20.05 |
| Downside Intraday Target | 18.74 |
| Upside Intraday Target | 22.66 |
| Upside Intraday Target | 23.96 |
| Downside Intraday Target | 21.35 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 21.37 | 22.64 | 22.64 | 20.03 | 1.515 times |
| 21 Fri Feb 2025 | 21.80 | 22.00 | 22.00 | 19.51 | 0.399 times |
| 14 Fri Feb 2025 | 22.00 | 23.07 | 23.10 | 21.05 | 16.264 times |
| 07 Fri Feb 2025 | 22.40 | 23.26 | 23.30 | 22.00 | 0.15 times |
| 31 Fri Jan 2025 | 22.47 | 23.40 | 23.40 | 20.70 | 1.23 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantile (Mercantile)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 21.37 | 23.26 | 23.30 | 19.51 | 1.319 times |
| 31 Fri Jan 2025 | 22.47 | 23.94 | 24.70 | 20.70 | 0.572 times |
| 31 Tue Dec 2024 | 23.06 | 24.98 | 24.98 | 22.19 | 0.848 times |
| 29 Fri Nov 2024 | 23.85 | 26.80 | 27.39 | 22.30 | 1.119 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercantile (Mercantile)
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 21.38 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 21.38 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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